It’s nothing new for UK-listed Vedanta Resources to be accused (or found guilty) of committing illegal acts – something that’s happened on many occasions since the Indian-focused company listed on the London Stock Exchange seven years ago this month.
Now, a civil society organization (Odisha Water Initiatives – OWI) which pledges to protect water supplies for the people of Orissa (Odisha), provided evidence of numerous instances where the company illegally extracted water from rivers and reservoirs.
But, even when fined for these violations, the company failed to pay the penalties – now amounting to some US$2 million.